Gold prices lifted Monday, while trading in the dollar was mixed.
Benchmark bullion futures were adding $8.20 at $899.70 an ounce in recent trading on the Comex division of the New York Mercantile Exchange.
SPDR Gold Trust
, which holds inventories of solid gold bars, was rising 1% in recent trading on the
New York Stock Exchange
As for the precious metals patch,
Golden Star Resources
was rising 4.7%, while
was up about 0.9%, both buoyed by the rising metal price.
U.S. Treasury Secretary Henry Paulson's
for the dollar's status as the world's reserve currency did not do much to boost the greenback in the foreign-exchange market. One euro was buying $1.5565, vs. $1.5557 on Friday. One dollar was trading for 104.26 Japanese yen down from 105.42 yen previously. The British pound was selling for $1.9656 vs. $1.9809.
CurrencyShares Euro Trust
was up 0.03%, while the
CurrencyShares Japanese Yen Trust
was ahead by 1.2%. The
CurrencyShares British Pound Sterling
was off 1.2%.